Ethereum Climbs 10% As Investors Gain Confidence By Investing.com

Investing.com – Ethereum was trading at $3,530.72 by 19:27 (23:27 GMT) on the Investing.com Index on Wednesday, up 10.04% on the day. It was the largest one-day percentage gain since March 20.

The move upwards pushed Ethereum’s market cap up to $424.04B, or 16.59% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $3,063.60 to $3,530.83 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 11.82%. The volume of Ethereum traded in the twenty-four hours to time of writing was $36.98B or 21.82% of the total volume of all cryptocurrencies. It has traded in a range of $3,063.6050 to $4,009.9158 in the past 7 days.

At its current price, Ethereum is still down 27.41% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $67,839.7 on the Investing.com Index, up 9.33% on the day.

Tether USDt was trading at $1.0003 on the Investing.com Index, a gain of 0.04%.

Bitcoin’s market cap was last at $1,335.28B or 52.23% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $103.80B or 4.06% of the total cryptocurrency market value.